Jio Platforms, which houses RIL’s digital services businesses, reported a record quarterly profit of Rs 6,536 crore
Gross revenue from operations of India’s most valued company stood at 2.55 lakh crore in the quarter ended September 30, compared to Rs 2.52 lakh crore last year.
On analysis of Reliance's second quarter results, Prayesh Jain of IIFL tells CNBC-TV18 that he is not too disappointed with what they have posted.
As market superstar Reliance Industries reported its second quarter results, Deven Choksey of KR Choksey Securities says the company scores low on the gross refining margins (GRM). He also added that the expected performance of Rs 69 to Rs 71 per share earning for FY12 is intact at this point of time.
On analysis, SP Tulsian of sptulsian.com believes that RIL has posted respectable results, but finds the growth in interest expenses to be alarming.